Verus International Inc (VRUS)

[GermanCol]

Coachshot99 and for information of anybody interested, you don't have to be worried if Anshu does with VRUS what he did with XDSL. His warrants exercise price was adjusted post split like what happened with any shareholder shares and that is why his exercise price is so high now:

From 10Q filed on Feb 20, 2019 (pre-split):

Earned Warrants - Mr. Bhatnagar shall be entitled to receive warrants to acquire 4% of the outstanding fully diluted common stock of the Company (the
“Earned Warrants”) each time the Company’s revenue increases by $1,000,000. The exercise price of the Earned Warrants shall be equal to .0001/share
and the executive may not receive shares whereby Signing Shares and Earned Warrants exceed 80% of the fully diluted common stock of the Company
(“Warrant Cap”).

https://www.otcmarkets.com/filing/conv_pdf?id=13239156&guid=EFVFUHlLxdHD4yh


From 10Q filed on May 21, 2019 (post-split):

Earned Warrants - Mr. Bhatnagar shall be entitled to receive warrants to acquire 4% of the outstanding fully diluted common stock of the Company (the “Earned
Warrants”) each time the Company’s revenue increases by $1,000,000. The exercise price of the Earned Warrants shall be equal to $.50/share (adjusted for the
reverse split) and he may not receive shares whereby Signing Shares and Earned Warrants exceed 80% of the fully diluted common stock of the Company
(“Warrant Cap”).

https://www.otcmarkets.com/filing/conv_pdf?id=13446951&guid=OFVFUKFB-rKo7yh


His exercise price changed from 0.0001 to 0.5 after the 1 to 5000 reverse split. 0.0001 times 5000 equals 0.5. So he was totally transparent and didn't play any games with shareholders.

So please all do your own DD and don't beleive blindly what is posted here.